Best-Cost vs. Least-Cost Sourcing

Talking Logistics

A month later, Walmart announced that it will increase its sourcing of US products by $50 billion over the next 10 years. I asked Kevin O’Meara that question last week on Talking Logistics. Kevin discusses three factors that are helping to drive the reshoring trend, but the one that caught my attention the most was how companies are shifting their focus from least-cost sourcing to best-cost sourcing.

This Week in Logistics News (July 3 – 9)

Logistics Viewpoints

Prime Minister Yoshihide Suga said it was essential to prevent Tokyo, where the highly infectious Delta COVID-19 variant was spreading, from becoming the source of another wave of infections. And now on to this week’s logistics news. logistics news Logistics News

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9 logistics companies named to Inc.’s Best Workplaces

The Supply Chain Journal

Nine logistics companies were recognized on Inc. The nine logistics companies include: ACI Transport (Ferndale, Michigan) — A transportation and logistics company built around adaptability, communication and integrity. magazine’s sixth annual list of Best Workplaces.

New logistics-focused SPAC LIT is stacked with top dealmakers

The Supply Chain Journal

Friday morning, Logistics Innovation Technologies Corp., Logistics Innovation Technologies (or LIT) is notable for two reasons: its transportation and logistics-focused team and the size of the deal at a time when some Wall Street analysts have said the 2021 SPAC boom is already past its peak.

Frost & Sullivan: Freightera Among Key Automated Freight Solutions in North America

Freightera

Frost & Sullivan places Freightera among ‘Key Automated On-Demand Brokerage Solutions in North America’ along with Uber Freight and Convoy. According to Frost & Sullivan, global logistics spending is expected to grow from $7.9 The exception may be North America, where Frost & Sullivan predicts that it will be shared by several leading solutions. Source: [link].

Value-Added Logistics Partnerships Bring Benefits to Sporting Goods Shippers

Zipline Logistics

Because of the changes to the retail and CPG industries, forward-thinking sporting goods shippers are looking to logistics as a differentiation strategy. As industries evolved to meet the needs of modern consumers, the supply chain has become a reliable source of competitive advantage.

Keeping customization in the family — Transmission

The Supply Chain Journal

And that’s where AIT Worldwide Logistics comes in. AIT’s automotive logistics professionals are the experts at developing resilient, scalable solutions for OEM and Tier 1 supply chains across Asia, Europe, and North America.

Innovating Spare Parts Logistics

Logistics Trends and Insights

Meanwhile, in 2016, UPS announced a distributed, on-demand manufacturing network that links its global logistics network with 3D printers at more than 60 UPS Stores across the U.S Furthermore, SAP announced its extended supply chain solutions will be integrated with UPS’s on-demand manufacturing solution and global logistics network to simplify the industrial manufacturing process from digitization, certification, order-to-manufacturing and delivery.

Report from Food Marketing Institute Highlights CPG Logistics Challenges

Zipline Logistics

The past 12 months have been a year unlike any other for suppliers and providers in the CPG logistics world. COVID’s Effects on CPG Logistics . Since the first quarter of 2020, CPG logistics costs have risen by 37% to an average of $1.71 Why Does CPG Logistics Performance Matter?

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This Week in Logistics News (February 16-20, 2015)

Talking Logistics

This was a busy week for supply chain and logistics news, so let’s go straight to it. Kintetsu to Buy Neptune’s APL Logistics for $1.2 XPO Logistics Announces Fourth Quarter and Full Year 2014 Results. Menlo Logistics Unveils Innovation Speaks. Shippers, third parties oppose FMCSA’s proposed rules against truck driver “coercion” ( Logistics Management ). Billion ( BloombergBusiness ). Pressure mounts on shippers, union to settle U.S.

Logistics Trends Part 2

BluJay Solutions

Not only are intra-Asian movements much cheaper than those to either Europe or North America but also the global forwarders have far less strength in this segment than they do in Asia-Europe or Asia-US trades. The global logistics industry is already seeing a major change to the relationship that drove its development for the last three decades and before. The post Logistics Trends Part 2 appeared first on Kewill Inc. First Trend: Yield Dilution.

This Week in Logistics News (December 5-9, 2016)

Talking Logistics

The sky and what’s beyond, an endless source of creativity and imagination for kids and adults alike. Back here on Earth, this week’s supply chain and logistics news… Nikola One Hydrogen-Electric Truck Revealed. Truckers applaud move to revert to pre-2013 Hours of Service regulations (Logistics Management). billion in Logistics in Mexico (Reuters). E-Commerce Fueled Logistics Hiring in November (WSJ – sub. R2 Freight & Logistics, Inc.

This Week in Logistics News (July 15-19, 2013)

Talking Logistics

XPO Logistics to Acquire 3PD, the Largest Provider of Heavy Goods, Last-Mile Logistics in North America. Source data is a combination of reference and benchmark data from third parties as well as econometric models and formulas. Tweet The post This Week in Logistics News (July 15-19, 2013) appeared first on Talking Logistics with Adrian Gonzalez.

23 logistics professionals share the #1 way to reduce logistics costs

6 River Systems

According to the 30th Annual State of Logistics Report by the Council of Supply Chain Management Professionals (CSCMP), companies spent $1.64 trillion on logistics and transportation services in the United States in 2018, an increase of 11.4%

This Week in Logistics News (September 14-18, 2015)

Talking Logistics

Lots of supply chain and logistics news this week, so let’s go straight to it… Transplace Acquires M33 Integrated. New Infinea® X from Infinite Peripherals® Expedites Warehouse, Logistics and Supply Chain Operations. Final rule for electronic logging devices is pushed back to end of October (Logistics Management). Another week, another acquisition in the third-party logistics (3PL) market. Note: Transplace is a Talking Logistics sponsor.

Mitigate Logistics Disruptions Due to COVID-19

Transplace

Mitigate Logistics Disruptions Due to COVID-19. Our leading-edge Public Tracking Portal and Control Tower offer an intuitive dashboard providing real-time logistic intelligence. Identify shifts where suppliers potentially source their shipments.

This Week in Logistics News (October 1-5, 2018)

Talking Logistics

And that is why on November 3, together with my Logistics Leaders for T1D Cure teammates, I will be riding 100 miles in support of JDRF to help us find a cure. So, I have a small ask: It doesn’t cost you anything to access the posts and videos we publish on Talking Logistics, thanks to our sponsors. Now, here’s the supply chain and logistics news that caught my attention this week: U.S. E2open Acquires Transportation Management Systems Provider Cloud Logistics.

Increased demand and regulations create new challenges for multi-temp carriers

DELMIA Quintiq

The demand for refrigerated food distribution has changed dramatically over the past several years, in turn adding the complexities of shelf-life, perishability and refrigeration requirements to the logistics of food transportation. With industry sources reporting record high rates for the refrigerated trucking market, as referenced recently by Food Logistics , carriers are looking to capitalize on the strong demand and tight capacity for refrigerated trucks.

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This Week in Logistics News (May 4-8, 2015)

Talking Logistics

In this week’s supply chain and logistics news… Pitney Bowes Expands Cross-Border Ecommerce Capabilities with the Acquisition of Borderfree. XPO Logistics Announces First Quarter 2015 Results. Borderfree manages all aspects of the international shopping experience, including site localization, multi-currency pricing, payment processing, fraud management, landed cost calculation, customs clearance and brokerage and global logistics services.

Logistics Trends Part 3

BluJay Solutions

Third Trend: Regionalization, Near-sourcing and Emerging Markets. . At the same time, near-sourcing is becoming more important. In North America this is usually Mexico and in Europe, this could be North Africa. The reasons for near-sourcing include: Reducing transportation costs. By this I mean the development of consumer markets in Asia, Africa and Latin America. The post Logistics Trends Part 3 appeared first on Kewill Inc.

Shipper Prep Tips for the CVSA Roadcheck, 72-Hour Capacity Reduction

GlobalTranz

While the world is ready for a strong return to economic and logistics stability, there’s another risk on the horizon. CVSA-certified inspectors will commit a blitz of inspections across North America, creating a sudden strain on resources for both domestic and cross-border freight.

Is the 3PL Industry Becoming Barbell Shaped?

Talking Logistics

Looking at the numbers and recent news, investors are betting big on the future of the logistics industry. The Wall Street Journal reported on Friday that Coyote Logistics “is preparing for an initial public offering [in the second half of this year] that could value it at more than $2 billion,” and the deal “is expected to raise a few hundred million dollars.”. Robinson (a Talking Logistics sponsor) and XPO Logistics increase 40.5% buying APL Logistics Inc.

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This Week in Logistics News (August 17-21, 2015)

Talking Logistics

One of the emails I did keep and read with interest was the first item in this week’s supply chain and logistics news… Infor to Acquire GT Nexus. GEODIS acquires OHL (Ozburn-Hessey Logistics) and enhances its Freight Forwarding and Contract Logistics offering in the US. Where to Find Supply Chain Innovation (Source: Adelante SCM). Note: Descartes and GT Nexus are Talking Logistics sponsors. I didn’t do it.

26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

Logistics can be traced all the way back to the Greek and Roman empires , but it’s undergone several major transformations as new technologies provide opportunities to more efficiently manage the movement and storage of goods. In the digital transformation age, logistics is once again undergoing a major shift. These technologies also contribute to a rise in big data and analytics in the logistics field. ” Meet Our Panel of Logistics Pros: Brian Jessup.

Part 2, Insights from the 2021 Logistics Executive Survey: The New Normal of Logistics

BlueYonder

Our recently launched 2021 Logistics Executive Survey aims to seek out the “New Normal of Logistics.” The survey tracks the pulse of the market as logistics operations are emerging from the COVID-19 pandemic to periods of adjustments, redefinition, and eventually a new equilibrium.

This Week in Logistics News (March 20 – 26)

Logistics Viewpoints

A lot of this effort comes down to more sustainable sourcing, which tends to make environmental-conscious consumers happy. And now on to this week’s logistics news. Starbucks to improve sustainable coffee sourcing. logistics news Logistics News

Yantian Port Congestion: How Can Shippers Navigate Another Major Supply Chain Disruption?

CH Robinson Logistics

Unlike the Suez Canal incident or other recent port issues, which have impacted a more limited number of regions and trade lanes, the Port of Yantian is a major export hub for multiple large markets like Europe, North America, Latin America and Oceania.

Careful carrier selection provides pathway for shippers to reduce carbon footprint

The Supply Chain Journal

1 source of greenhouse gas emissions in the country. While the onus is often placed on carriers to tackle carbon emissions within the industry, shippers and third-party logistics (3PL) companies are also being called on to address their own carbon footprints.

E2open to Combine With BluJay Solutions, a Leading Cloud-Based, Logistics Execution Platform

BluJay Solutions

Source: E2open. NYSE: ETWO), a leading network-based provider of a 100% cloud-based, mission-critical, end-to-end supply chain management platform, today announced that it will acquire BluJay Solutions, a leading cloud-based, logistics execution platform.

Innovating spare parts logistics with 3D printing

EFT

Meanwhile, in 2016, UPS announced a distributed, on-demand manufacturing network that links its global logistics network with 3D printers at more than 60 UPS Stores across the U.S Furthermore, SAP announced its extended supply chain solutions will be integrated with UPS’s on-demand manufacturing solution and global logistics network to simplify the industrial manufacturing process from digitisation, certification, order-to-manufacturing and delivery.

2021 Shipper of Choice profile: Campbell Soup Company

The Supply Chain Journal

The company said its distribution costs decreased in 2020 “due to a decline in transportation and logistics costs, driven by excess availability, warehousing efficiencies and lower fuel costs,” according to its 2020 annual report.

Reconfiguring the Automotive Post Pandemic Supply Chain

Logistics Trends and Insights

In addition, with 80% of global car production requiring parts from China, the shutdown made it difficult for global vehicle makers within China and elsewhere around the world to source parts required for building cars.

Logistics Services Providers Shift Investment Focus Outside BRIC Markets

BluJay Solutions

In particular China and India, with annual economic growth rates many multiples ahead of North America and Europe. According to a recent study with particular focus on logistics, logistics services providers are beginning to expand their strategic geographic focus (source: Agility Emerging Markets Logistics Index 2013). Many manufacturers are seeking alternatives to BRIC countries, in particular China, as part of their future sourcing strategies.

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[Infographic] 21st Third Party Logistics Study Shows Increased Use of 3PLs & Shippers

GlobalTranz

Third-party logistics providers are evolving in the wake of changing politics, increased public scrutiny and demand for more value-based, not asset-based, services. At the close of 2016, the 21 st Annual Third-Party Logistics Study found the overall use of third-party logistics providers ( 3PLs ) is increasing, but the types of logistics services utilized indicate the industry is entering a shift in how it operates. 3PL Logistics

Scenario Modeling Is Now Crucial for Supply Chain Network Design

AIMMS

A leading logistics service provider was among the many companies that saw its operations affected by the pandemic. Another use case we see for scenario modeling in the current context is evaluating new sourcing locations.